Sheng Xian Zhang

SWS MU Fund Management Co., Ltd. (SWS MU) is the fund management subsidiary of Shenwan Hongyuan Securities Co., Ltd., ultimately held by Shenwan Hongyuan Group Co., Ltd. (SHE: 000166) in China. The firm was founded in 2004 as SYWG BNP Paribas Asset Management Co. Ltd., a joint venture between Japan-based Mitsubishi UFJ Trust and Banking Corp. and Shenyin & Wanguo Securities Co. Ltd. In 2011 the firm changed their name to SWS MU Fund Management Co. Ltd. after Mitsubishi UFJ Trust and Banking Corp. reached an agreement with BNP Paribas Investment Partners to buy a significant minority stake with Shenyin & Wanguo Securities Co. Ltd. retaining the remaining majority stake in the joint venture. Headquartered in Shanghai, SWS MU manages a range of open-end funds.

China International Capital Corp. Ltd. (Broker) (CICC) is the brokerage division of China International Capital Corp. Ltd. which was established in 1995 as a strategic partnership between Chinese and international financial institutions and corporations. Headquartered in Beijing, CICC was the first joint venture investment bank in China. The firm's core business departments were investment banking, capital markets, sales & trading, research, fixed-income and asset management. CICC offers a range of brokerage services to international and domestic institutional and individual investors. In 2007 the firm set up a wholly-owned subsidiary specializing in private equity investments and focusing on buyout opportunities within China.

CITIC Securities Co., Ltd. (Invt Port) (CITICS-IP) is the investment portfolio division of CITIC Securities Co., Ltd. (SHA: 600030), a Chinese full-service investment bank which provides a range of services including underwriting, research, brokerage, asset management, wealth management, and investment advisory for institutions and individual investors. Founded in 1998, CITICS-IP is headquartered in Beijing and has branch offices throughout China.

HSBC Jintrust Fund Management Co. Ltd. (HSBC Jintrust) is a mutual fund management firm headquartered in Shanghai, China. The firm was founded in 2005 as a joint venture between HSBC Global Asset Management (formerly HSBC Investments UK Ltd.) and Shanxi Trust and Investment Ltd. HSBC Jintrust provides investment advice services and account management.

Bank of Communications Schroder Fund Management Co., Ltd. (BOCOM Schroders) is an independent Chinese fund management firm which was founded in 2005 through a joint venture between Bank of Communications Co., Ltd. (65%), Schroders plc (30%), and China International Marine Containers (Group) Ltd. (5%). Headquartered in Shanghai, BOCOM Schroders manages the BOCUM mutual fund range.

Aegon-Industrial Fund Management Co., Ltd. (AIFMC), formerly known as Industrial Fund Management Co., Ltd., is a Chinese investment advisory firm which was founded in 2003 through a joint venture between China-based Industrial Securities Co. Ltd. (51 percent) and AEGON International BV (49 percent) (Euronext: AGN; NYSE: AEG) in The Netherlands. Headquartered in Shanghai, AIFMC manages a range of funds for individual and institutional investors. The firm is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI) which integrates environmental, social, and governance considerations into their investment process.

Morgan Stanley Huaxin Fund Management Co. Ltd. (Morgan Stanley Huaxin Funds) is an independent Chinese fund management firm which was founded in 2003 as Jutian Fund Management Co. Ltd. through the joint venture of Morgan Stanley International Holdings, Inc. (34%), Huaxin Securities Co., Ltd. (36%), Hantang Securities Co., Ltd. (15%), China Merchants Finance Holdings Co., Ltd. (10%) and Shenzhen China Technology Industry Group Co., Ltd. (5%). In 2008, they were renamed Morgan Stanley Huaxin Fund Management Co. after Morgan Stanley became their largest shareholder. Headquartered in Shenzhen with additional offices in Beijing and Shanghai, Morgan Stanley Huaxin Funds provides asset management services and products for individual and institutional clients.

William Blair & Co. LLC (William Blair) is a SEC-registered broker/dealer firm headquartered in Chicago, Illinois. The firm was founded by William McCormick Blair in 1935 and is a subsidiary of WBC Holdings LP. Until 1941, they were known as Blair, Bonner & Co. William Blair provides broking services to individual, institutional and issuing clients.

Global Factory, Inc. provides collaborative manufacturing execution systems. The firm's software gather, organize & analyze demand, production & quality data from various sources and monitor key indicators & execute business processes to control, manage & optimize distributed manufacturing operations. The company was founded in 1999 and is headquartered in Santa Clara, CA.

CPIC Fund Management Co. Ltd. (CPIC Fund Management) is the asset management subsidiary of Pacific Asset Management Co. Ltd., which is owned by China Pacific Insurance (Group) Co., Ltd. (SHA: 601601) in China. The firm was originally founded as Guotai Junan Allianz Fund Management Co., Ltd. through a joint venture between Guotai Junan Securities Co., Ltd. (China) and Allianz AG (Germany) in 2003. CPIC Fund Management is headquartered in Shanghai and provides fund management services to individual and institutional investors.

JPMorgan Securities (Asia Pacific) Ltd. (JPM Asia) is the Hong Kong-based brokerage subsidiary of JP Morgan Chase & Co. (NYSE: JPM), a global financial services company headquartered in the US. JPM Asia provides brokerage services to local corporations and institutions, multinationals, governments and private clients.

Part of Rosefinch Equity Investment Management Co. Ltd., Rosefinch Fund Management Co., Ltd. provides investment advice. The company is based in Shanghai, China. The CEO of the Chinese company is Huan Wang.

Huatai-PineBridge Fund Management Co., Ltd. (Huatai-PineBridge FM) is an independent Chinese fund management firm which was founded in 2004 through a joint venture between Pinebridge Investment Co., Huatai Securities Co., Ltd. and Suzhou New District Hi-Tech Industrial Park Co., Ltd. Formerly known as AIG Huatai Fund Management Co. Ltd., the firm changed their name to Huatai-PineBridge Fund Management Co., Ltd. in 2010. Huatai-PineBridge FM is headquartered in Shanghai and manages a range of funds for individual and institutional investors.

Bank of China Investment Management Co., Ltd. (BOCIM) is a Sino-American fund management firm which was founded in 2004 as a joint venture between BOC International and Merrill Lynch Investment Managers. Formerly known as BOC International Investment Managers, the firm changed their name to Bank of China Investment Management Co. Ltd. in 2008 when the joint venture partners became Bank of China Co., Ltd. and BlackRock, Inc. Headquartered in Shanghai, BOCIM offers investment solutions to domestic and international institutions, as well as private individuals.

FIL Investment Management (Hong Kong) Ltd. (FIL-HK) is the wholly-owned, Hong Kong-based investment management subsidiary of FIL Ltd., a privately-owned group headquartered in Bermuda. The firm was founded in 1981 and formerly known as Fidelity Investments Management (Hong Kong) Ltd. FIL-HK offers several mutual funds to investors through over 100 distributors in Hong Kong, which includes retail banks and insurance companies.

86Research Ltd. is an independent, Chinese investment research firm which was founded by C. Ming Zhao. Headquartered in Beijing, the firm provides state-of-art research services to help institutional investors identify extraordinary investment opportunities in China's Internet and Media, e-Commerce, Online Travel, Online Entertainment, O2O sectors, Lodging and Education. Their stock picks emphasize companies that demonstrate: solid long-term growth potential, positive structural changes in fundamentals, dominant market share, experienced and trustworthy management, and reasonable valuation.

Liaoning Haitong New Energy Low Carbon Industry Eq Invt Fund is an Independent Private Equity firm founded in 2013. Liaoning Haitong New Energy Low Carbon Industry Eq Invt Fund is headquartered in Shenyang.

Haitong Auspicate Capital Management Co. Ltd. operates as an investment holding Chinese company.

Part of Haitong Securities Co., Ltd., Haitong Capital Investment Co., Ltd. is a holding Chinese company that provides investment management services through its subsidiaries. The company is based in Shanghai, China.

HFT Investment Management Co., Ltd. (HFT) is an independent asset management firm which was founded in 2003 as a joint venture between Fortis Investments Asia (now BNP Paribas Investment Partners) and Haitong Securities, following a strategic alliance agreement signed in 2001. The firm was formerly known as Fortis Haitong Investment Management Co., Ltd. and changed their name to HFT Investment Management Co., Ltd. in 2010. Headquartered in Shanghai, HFT manages mutual and institutional funds for retail and institutional investors in China including corporate pension schemes. They also service foreign investors such as European pension funds through the firm's Qualified Foreign Institutional Investor portfolios.

ABC-CA Fund Management Co., Ltd, (ABC-CA FM) is an independent fund management firm which was founded in 2008 as a joint venture between Agricultural Bank of China, Amundi Asset Management and Aluminum Corp. of China Ltd. Headquartered in Shanghai, the firm manages the ABC-CA Fund range.

China Southern Asset Management Co., Ltd. (CSAM) is an independent Chinese fund management firm which was founded in 1998. Headquartered in Shenzhen, the firm launched China's first listed open-ended fund in 2004 and manages a range of close-ended and open-ended investment funds for institutional clients and private individuals. They are one of the investment managers selected by the Chinese government to manage an institutional mandate for the National Social Security Fund. In 2007, CSAM acquired QDII status (Qualified Domestic Institutional Investors) allowing them to invest in the overseas capital markets under the foreign exchange control system in China. They announced the launching, in cooperation with US-based Mellon Financial Corporation, of their first QDII investment fund in 2007.

Orient Securities Asset Management Co., Ltd. (OSAM) is the wholly-owned asset management subsidiary of Orient Securities Co., Ltd. (SHA: 600958) in China. Headquartered in Shanghai, OSAM was founded in 2010 and manages a diverse range of funds for individual and institutional clients.

Foresight Fund Management Co., Ltd. (FFM) is an independent investment adviser headquartered in Shanghai and was founded in 2018. The firm provides investment management services to their clients.

China Nature Asset Management Co., Ltd. (CNAM) is the investment management subsidiary of Jilin Trust Co. Ltd. in China. The firm is headquartered in Shanghai and was founded in 2003. CNAM manages open-end mutual funds for Chinese investors.

Galaxy Asset Management Co., Ltd. (Galaxy AMC) is an independent Chinese fund management firm which was founded in 2002. Headquartered in Shanghai, Galaxy AMC manages a closed-end fund and several mutual funds for individual and institutional investors.

Guotai Junan Securities Co. Ltd. (Broker) (GTJA-Broker) is the securities brokerage division of Guotai Junan Securities Co. Ltd. (SHA: 601211), which is headquartered in Shanghai, China. GTJA-Broker provides securities brokerage services to institutional investors.

HSBC Bank Plc (Broker) (HSBC Bank-Broker) is the broker/dealer division of HSBC Bank Plc, which is owned by HSBC Holdings Plc (LON: HSBA; NYSE: HSBC) in Great Britain. Headquartered in London, HSBC Bank-Broker was founded in 1880 and offers bespoke brokerage services across every major asset class for their corporate and institutional clients.

UBS Securities Co. Ltd. is the Chinese brokerage subsidiary of UBS Group AG (SWX: UBSG) in Switzerland. Headquartered in Beijing, the firm was founded in 2006 as Beijing Securities Co. Ltd. They provide securities brokerage services to domestic corporate and institutional clients, and qualified foreign institutional investors (QFII).

Xinyuan Asset Management Co., Ltd. (Xinyuan AM) is the asset management subsidiary of Bank of Nanjing Co., Ltd. (SHA: 601009) in China. Headquartered in Shanghai, Xinyuan AM was founded in 201 and provides a range of asset management services to individual and institutional investors.

Guotai Junan Securities (Hong Kong) Ltd. (GTJA-HK) is the wholly-owned securities brokerage subsidiary of Guotai Junan (Hong Kong) Ltd., ultimately held by Guotai Junan Securities Co., Ltd. (GTJA) (SHA: 601211; HKG: 2611) in China. Headquartered in Hong Kong, GTJA-HK specializes in brokerage services for Hong Kong stocks, China B-shares, bonds, funds, derivatives and other market securities.

JPMorgan Asset Management (China) Co., Ltd. (JPMAM China) is a fund management firm headquartered in Shanghai, China. The firm was founded as China International Fund Management Co., Ltd. in 2004 through a joint venture between Shanghai International Trust Co., Ltd. and JPMorgan Asset Management (UK) Ltd. In 2023, they became a subsidiary of JPMorgan Asset Management (UK) Ltd., which is ultimately owned by JPMorgan Chase & Co. (NYSE: JPM) in the US. JPMAM China provides investment advisory and mutual fund management services to Chinese individual and retail investors as well as international institutions.

Harfor Fund Management Co., Ltd. (HFM), previously known as Huafu Fund Management, is an independent investment management firm which was founded in 2004. Shareholders include Hua An Securities Co., Xingtai Holding and Anhui Guaranty Group. Headquartered in Shanghai, HFM provides financial services to fund holders. They also manage mutual funds and accept direct mandates from individuals and institutions for asset management services.

Broad Fund Management Co. Ltd. is a private company based in Shanghai, China. and has subsidiaries in China. The Chinese company was founded in 2017 and is led by CEO Bin Shen.

GF Fund Management Co., Ltd. (GF) is the fund management subsidiary of GF Securities Co., Ltd. (SHE: 000776, HK: 1776) in China. Headquartered in Guangzhou, GF was founded in 2003 and provides comprehensive services in asset management containing mutual funds, specific customers’ assets management (Discretionary Account), securities investment advisory, QDII programs, insurance funds entrusted management and social security funds in the PRC.

China Asset Management Co., Ltd. (China AMC) is the asset management subsidiary of CITIC Securities Co., Ltd. (SHA: 600030) in China. Headquartered in Beijing, the firm was founded in 1998 and provides a full range of services to domestic and international retail and institutional clients from US, Canada, Korea, Japan, Malaysia, Germany, Hong Kong, Macau and Taiwan, and many more, covering equity, fixed income, money markets, and other financial instruments. In 2017, China AMC has joined the United Nations-supported Principles for Responsible Investment (UNPRI), becoming the first full service asset manager in China to join the organization.

Huatai Securities Co., Ltd. (Broker) (Huatai Securities-Broker) is the broker/dealer division of Huatai Securities Co., Ltd. (SHA: 601688, HKG: 6886), a securities group headquartered in Nanjing, China. Founded in 1991, Huatai Securities-Broker offers brokering and trading of stocks and funds for various investors.

Fullgoal Asset Management (HK) Ltd. (Fullgoal Hong Kong) is the wholly-owned Hong Kong-based asset management subsidiary of Fullgoal Fund Management Co., Ltd., an investment management firm headquartered in Shanghai, China. Founded in 2012, Fullgoal Hong Kong provides various customized strategies for investing in Chinese assets.